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International Internet Magazine. Baltic States news & analytics Friday, 26.04.2024, 06:31

Latvian Mikrotikls doubles profit in 2014

BC, Riga, 03.08.2015.Print version
The computer networking equipment manufacturer Mikrotikls earned EUR 34.4 million last year, which is 45% more than in 2013, when the company's profit reached EUR 23.6 million, reports LETA, according to Firmas.lv information.

Meanwhile, the company's turnover grew 31% to EUR 135 million. In 2013, the company turned over EUR 103 million.

 

According to Mikrotikls management report, the growth in turnover was thanks to an increase in the company's sales volumes.

 

The company's gross profitability remained at 28%, while net profitability increased 25%.

 

In 2015, the company plans on increasing its sales volume and number of services.

 

Mikrotikls was established in 1996. Its share capital is EUR 2,840.






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